Jerome Powell said...

It is absolutely the case that Congress will need to authorize the Federal Reserve to issue a CBDC.

Chair Powell emphasizes Congress's role in authorizing a retail central bank digital currency.

06/20/2023

More Jerome Powell Quotes

So we didn't overreact — in fact, we didn't react at all. We're simply taking some time.

the outlook for employment and inflation does not appear to have changed much since our September meeting

Everyone that I know is forecasting a meaningful increase in inflation in coming months from tariffs.

Part of that is due to the start-stop nature of the tariffs that have been introduced.